Both Prudential and MetLife experienced a jump in stock price after Barclays analyst Jay Gelb released a research note upgrading MetLife and Prudential from "equalweight" to "overweight." Gelb feels that rising interest rates and the overall convalescing economy bodes well for large life insurers.
NOT FOR REPRINT
Prudential leads insurer rally after Barclays upgrade
By
staff Writer
September 04, 2013 at 12:36 PM
Share & Print
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
